China’s top AI firm SenseTime may postpone its Hong Kong IPO after the US added it to an investment blacklist, Reuters reported on Friday. Last Friday, the US Treasury Department placed SenseTime on a list of “Chinese military-industrial complex companies,” barring Americans from investing in the company. In a Dec. 11 statement, the company responded that it “strongly opposed the designation and related accusations,” calling the accusations groundless and a misunderstanding of its business. [Reuters]
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